Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1887-11-29
USE ANR ABUSE OF MONEY.
An Interesting Lecture Delivered to
Youno Man by EEL. WeinstOck.

| Young Men by FL. Weinstock.
The above was the topic of the opening
address last evening in the course of Bust
ness Talks " to be given by practical bust
ness men in the Hall of the Young Mems
| Christian Association during the ensuing
season. The address was given by II.
| Weinstock, of this city, and despite the un-
| favorable weather, there was large at
| tendance of young men, The chair was
occupied by Ii. Pfentiss Smith, who in
| few appropriate remarks introduced the
| speaker of the evening.
Mr., Welnstock was most cordially re-
celved, and it is regretted that the want of
space prevents giving his address IN full.
In his opening he said: THE philosophy
which affects to teach contempt OF money
does not run very deep" so said one OF
Englands most profound thinkers. There
are those who cannot or will not admit that
money may be acquired and used for other
than selfish motives. That the possession
of money brings with it its evils will be
admitted by all. That we may be no
burden to others we must be thrifty, in
dustrious and self-reliant. Yet a man
| carrying thrift too far may become penuri-
Gus, over-industry may make him a slave
| TO toll and TO be over self-reliant is to be-
come
sELF-wILLED AND CoNCEITED.
Even religion may end in bigotry. Be-
cause men run some times to excess ia these
lines is no reason why we should not fol-
low them, and so, because some, in striving
Tor money, become arrogant, selfish and
constituencies, the desite to honorably &C
quire wealth ought not to be discouraged.
The thirst for money is the motive that
develops civilization. The man who is not
pecuniarily Independent is surrounded and
assailed by the fiercest temptations. indie
pendence of thought and independence of
action should be the first aim of every man,
and to be Intellectually free, we must be
financially independent. The desire for
money, ac:uated though il be by the most
selfish motives, stimulates industry and
enterprise, and becomes an involuntary in
strument Of others good. Thus it increases
honest work, which adds greatly to human
happiness. = Next to knowl- |
edge, money is the greatest power which |
can be Entrusted to human hands. A pos
SCISSOR of great wealth has vast power for |
good or evil. Peter Cooper's immense
wealth was used by him for the welfare of |
mankind At this point Mr.. Weinstock |
happily introduced an incident in Cooper's !
life, showing the great good his wealth ac-
complished. Having thus seen
THE VALUE OF MONEY
We need to consider how to acquire it. |
Character is money" The world extends |
more credit to character than it does to |
money. The man of spotless character |
finds no difficulty in getting financial aid. |
while his more wealthy but hacking. |
in-moral-qualities neighbor fails to OBJ |
tain such help. That character has
financial value is fully realized by |
those who lack moral quality The first |
step therefore towards acquiring money is
to build up a character-not reputation. but |
character True, men sometimes roll in
wealth who have no character, but their
influence is most injurious. Several per
tinent illustrations were here given to
prove the truth of this statement Next |
to character the most essential quality in |
the getting of money is the power to labor
Again, it is not what we earn, but what we
save that gives man competence No
man is rich who lives beyond his income,
and no he is poor who lives within it.
C-edit is important factor in acquiring
wealth, if rightly used is blessing to
both boz lower and lender. lis use has
brought commercial progress, material de-
velopment and mental light; its abuse,
shame, misery and ruin. Keep out of debt
for personal needs. To do so often requires
self sacrifice. but it is worth the effort
THE TRUE WAY
To acquire money is by labor, backed bv
character and supported by thrift, econ
omy and industry. Now, how are we to
use money? We should not seek it for its
own sake, but to do good. Many know how
10 get wealth-few how to spend it. The
manner in which money is spent is the
best evidence of a mans character. The
wisest and best safeguard against the en-
sin of ayarice and penuriousness
is giving. To give is an art Begin early
to cultivate it. 1t will grow; neglected till
late in life it will be difficult to develop.
Giving is in the power of all. 1t is not how
much we give, but how we give, that stamps
the noble soul. He who would make his 5
life success must not alone earn his means
by his own efforts, but must learn TO spend ,
his means with wisdom and moderation,
and so that the world is the better for his
having lived in it. Let il be said that he
has made the wisest use of his money, a
who, q" though ignobly born, is nobly re-
T
Mr.. Weinstock was frequently applauded,
and at the close the manifest tokens of ap- l
prevail were long and loud. Next Monday !
evening an athletic exhibition will be given c
n the hall, S